Features

Money Minute Thursday 5 September: new car registrations

In today's Money Minute we look at new car registrations for August, plus the weekly jobless numbers from the US.

In the UK, we get data on new car registrations for August.

In July, new car registrations were down by 4.1% year on year.

One factor boosting car sales in recent years has been the flood of payouts from the PPI scandal.

With the deadline for PPI claims now passed, car sales may continue to struggle.

In the US, we get the weekly jobless claims numbers.

This measures the number of Americans joining the dole queues for the first time each week.

Claims came in at 215,000 last week, and have been broadly flat for about 18 months now.

History suggests that when claims start trending higher, a recession is on the way.

Recommended

Green finance is set to be the most powerful financial repression tool yet
Bonds

Green finance is set to be the most powerful financial repression tool yet

The government has launched its “green savings bond” that offers investors just 0.65%. But that pitiful return is in many ways the point of “green” fi…
22 Oct 2021
Equities are not a good inflation hedge
Economy

Equities are not a good inflation hedge

Institutional investors are definitely now worried about inflation. But they're not yet worried enough to flee to cash, says John Stepek
22 Oct 2021
Why fed-up workers are quitting their jobs
Economy

Why fed-up workers are quitting their jobs

Workers are leaving their jobs at an astonishing rate, especially in the US, leading to a shortage of workers. What will that mean for our economies? …
22 Oct 2021
China’s economy faces a triple shock
Chinese economy

China’s economy faces a triple shock

Power cuts, the pandemic and the property slowdown are slowing China's economy down.
22 Oct 2021

Most Popular

How to invest as we move to a hydrogen economy
Energy

How to invest as we move to a hydrogen economy

The government has started to roll out its plans for switching us over from fossil fuels to hydrogen and renewable energy. Should investors buy in? St…
8 Oct 2021
How to invest in SMRs – the future of green energy
Energy

How to invest in SMRs – the future of green energy

The UK’s electricity supply needs to be more robust for days when the wind doesn’t blow. We need nuclear power, says Dominic Frisby. And the future of…
6 Oct 2021
The after effects of the gas-price shock
Economy

The after effects of the gas-price shock

In the wake of the recent spike in the natural gas price, we can expect slower growth, an industrial recession – and a newly assertive Russia, says Ma…
17 Oct 2021